Birmingham Companies Unite To Build Kentucky Mixed Use Project

BIRMINGHAM, AL - Two Birmingham firms joined forces to build a much-anticipated and high profile development in Lexington, Kentucky - part of a project by another Birmingham company. Birmingham-based multi-family real estate development firm, The Dobbins Group teamed up with Capstone Building Group to finish The Henry at Fritz Farm, the $45 million luxury apartment component of The Summit at Fritz Farm, which is a Bayer Properties project.

The Henry integrates multi-family living into a lively retail and restaurant core, with apartments both above

retail and in stand-alone buildings. The Summit at Fritz Farm also includes Class A office, boutique hotel, and
upscale senior housing. Approximately 60 percent of the Phase 1 retailers and restaurants are open now to the
public. The Henry has been well received by the Lexington community with leasing on schedule. The renter demographic is well representative of the MSA and its diverse economy. (For more updates on this story and free news alerts for your neighborhood, sign up for your local Birmingham Patch morning newsletter.)

“The Summit at Fritz Farm and The Henry represent the future of mixed use development and provide our
residents with the upscale walkable lifestyle they are after”, stated David Ball, Principal at Dobbins Group.
“Lexington has a solid, vibrant economy and timing is excellent with pent up demand for this experience.

"We are thrilled with the opening of The Summit at Fritz Farm, including The Henry residential component," said David Silverstein of Bayer Properties. "It’s a beautiful project and it’s been a pleasure working with The Dobbins Group and Capstone Building Corp to develop this residential amenity for The Summit at Fritz Farm.”

"I'm proud of our team led by Eric Tweet and Hubert Proctor in delivering this extremely complex project," said Capstone Building President and CEO Jay Chapman. "We very much appreciate The Dobbins Group and Bayer properties and their leadership throughout the process. It is a beautiful development showcasing the quality of our companies.”

Photo courtesy of the Dobbins Group